Specialty underwriter and program administrator Business Risk Partners (BRP) is pleased to announce it has launched an excess management liability facility backed by Great American Insurance Group. The facility will provide up to $5 million in capacity, available standalone or sitting above BRP’s primary coverage for Directors & Officers, Employment Practices Liability and Fiduciary Liability.
“For nearly a decade, BRP has been writing D&O insurance and welcomes the addition of excess liability to its stable of management liability products. We are pleased to not only better serve our brokers who are looking for more capacity but also to be working with a carrier with the history, integrity and financial strength of Great American Insurance Group,” said Lisa Doherty, BRP co-founder and CEO.
With its recent A.M. Best “A+” (Superior) rating affirmation, Great American Insurance Company has received an “A” (Excellent) rating or higher from A.M. Best for over 100 years, one of only five property and casualty insurers ever to do so.
“We are excited about the opportunity to work closely with BRP to provide quality excess management liability insurance coverage for their clients,” said Jane Kornesczuk, Divisional Executive Vice President and Chief Underwriting Officer, Great American’s Executive Liability Division. “Our experienced team has a long history of providing exceptional service and expert protection, which we feel aligns us closely with BRP and their commitment to servicing their customers.”
Forms are available at www.businessriskpartners.com. For more product information, contact Seth Brickman, BRP’s Management Liability Product Leader, at firstname.lastname@example.org or 860-903-0013.
About Business Risk Partners
Founded in 2000, Business Risk Partners is a specialty insurance underwriter and program administrator committed to creating long-term, mutually-profitable partnerships through superior service and teamwork. Partnering with top global carriers and using proprietary technology, BRP offers a wide variety of professional liability, management liability, data breach/privacy and hybridized specialty solutions to agents and brokers serving middle market customers nationwide. BRP’s underwriting specialists are often commended for their ability to turn complicated risks around in 24 hours. Proprietary technology enables real-time quote, bind, issue and servicing and is seen by many as one of the best in the business. BRP is privately held and based in Windsor, Connecticut.
About Great American’s Executive Liability Division
Founded in 1986, Great American’s Executive Liability Division is committed to offering industry-leading expertise and quality management liability products. The Division’s experienced team of underwriters, claims attorneys and marketing professionals work hand-in-hand to deliver effective insurance solutions for public, private and nonprofit clients. The Executive Liability Division is headquartered in Schaumburg, Illinois, with regional office locations in Chicago, Illinois; New York, New York; Princeton, New Jersey; Atlanta, Georgia; Denver, Colorado; Los Angeles, California and Toronto, Ontario.
About Great American Insurance Group
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for over 100 years (most recent rating evaluation of “A+” (Superior) as of May 12, 2016). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.
Coverage description is summarized. Refer to the actual policy for a full description of applicable terms, conditions, limits and exclusions.